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Analysis: India inches closer to crisis as rupee retreats

India may face its worst financial crisis in decades if it fails to stem a slide in the rupee, leaving the central bank with a difficult choice over how to make best use of its limited reserves to maintain the confidence of foreign investors.

Rupee Retreats; India May Face Worst Financial Crisis

Rupee
India may face its worst financial crisis in decades if it fails to stem a slide in the rupee, leaving the Reserve Bank of India with a difficult choice over how to make best use of its limited reserves to maintain the confidence of foreign investors.

High-Level Corruption Mars Brazil's Political System; but President Rouseff Stands Tall

Brazil's President Dilma Rousseff attends a signing ceremony for the expansion of tax credit for Brazilian States at the Planalto Palace in Brasilia November 10, 2011
Just a month shy of her first anniversary as Brazil's President, Dilma Rousseff's tenure has been marred by a series of corruption scandals involving cabinet ministers. Rousseff has lost minister after minister to corruption scandals since last June, almost at the rate of one a month. The latest to lose his office is Labor Minister Carlos Lupi. The successive resignations point directly to the corruption that is deeply embedded in the public administration system in Brazil.
Gold bars

Gold Steady Ahead of Big Eurozone Summit

Gold prices barely moved Monday, as weak physical buying and easing investor interest offset anticipation of good economic news from the U.S. and hope that this week's big European meeting aimed at solving the debt crisis will not disappoint.
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Veena Malik Wants to Forget Nude Photo Shoot, Would Talk About ‘Swayamwar’ Instead

Veena Malik appears to be the Pakistan version of India's Rakhi Sawant. With her constant effort to make it to the headlines and flow of controversies one after another, the 33-year old model seems to be a mirror image of Sawant and a little too desperate for attention. All her stunts might have worked out well for her. However, undermining the risks, she just did a little too much this time.
Julia Gillard, Stephen Harper and Manmohan Singh

Australia's Labor Party Endorses Uranium Sales to India

Australia's ruling Labor Party Sunday endorsed plans to open up uranium sales to India, clearing the way for talks on a bilateral nuclear agreement and resolving an issue that has caused diplomatic tensions between the two nations.
Veena Malik

Veena Malik Has Done Racy Photoshoots Before FHM's Cover [VIDEO]

Pakistani model and actress Veena Malik is a beautiful woman who has found herself caught in a nude photo scandal with FHM's India Edition. The magazine revealed its December issue on Friday with a picture of the actress on the cover -- completely naked -- with her hands crossed over her chest to cover her breasts. She was wearing an ISI tattoo.
Kanimozhi

Kanimozhi Arrives In Chennai Today

Dravida Munnetra Kazhagam (DMK) MP Kanimozhi, who was granted bail by the Delhi High Court last Monday in the 2G scam case, arrived in Chennai Saturday.

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